According to Wood Mackenzie’s Latest report, US Solar Market is going to set New Record this Year & will be 4 times by 2030

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The U.S. solar industry grew 43% and installed a record 19.2 gigawatts of capacity in 2020, according to the ‘U.S. Solar Market Insight 2020 Year-in-Review’ report, released by Wood Mackenzie and the Solar Energy Industries Association.

For the second year in a row, solar led all technologies in new electric-generating capacity added, accounting for 43%. According to Wood Mackenzie’s 10-year forecast, the U.S. solar industry will install a cumulative 324 GWdc of new capacity to reach a total of 419 GWdc over the next decade.

U.S. solar PV installations and forecast, 2010-2030E. California, Texas and Florida are the top three states for annual solar capacity additions for the second straight year, and Virginia joins them as a fourth state installing over 1 GWdc of solar PV. In 2020, 27 states installed over 100 MWdc of new solar capacity, a new record.